The State of Retirement: Grading Americas Public Pension Plans
Can traditional pension plans meet the needs of a modern workforce?
The Urban Institute launched a new interactive web tool, “The State of Retirement: Grading America’s Public Pension Plans.” This unique report card grades plans on retirement income provided to short-term and long-term employees, incentives to attract and retain a productive workforce, and funds set aside to cover promised benefits.
What does it take to get an “A” and who is failing? A panel representing the diverse perspectives of researchers, city leaders and unions discussed what the grades mean for government, taxpayers and public employees.
Donald Marron, Institute Fellow and director of Economic Policy Initiatives, Urban Institute
Dan Doonan, labor economist, Research and Collective Bargaining Services, AFSCME
Richard Johnson, director, Program on Retirement Policy, Urban Institute
Stephanie Miner, mayor, City of Syracuse
Kim Rueben, director, State and Local Finance Initiative, Urban Institute